31. Reconsider the situation described in Example 12.5, in which x CO2 concentration and y ...
Question:
31. Reconsider the situation described in Example 12.5, in which x CO2 concentration and y mass of 11-month-old pine trees. Suppose the simple linear regression model is valid for x between 450 and 750, and that b1 .008 and s .5. Consider an experiment in which n 7, and the x values at which observations are made are x1 450, x2 500, x3
550, x4 600, x5 650, x6 700, and x7 750.
a. Calculate , the standard deviation of .
b. What is the probability that the estimated slope based on such observations will be between .006 and .010?
c. Suppose it is also possible to make a single observation at each of the n 11 values 525, 540, 555, 570, . . . , 675. If a major objective is to estimate b1 as accurately as possible, would the experiment with n 11 be preferable to the one with n 7?
Step by Step Answer:
Modern Mathematical Statistics With Applications
ISBN: 9780534404734
1st Edition
Authors: Jay L Devore